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Akiya in Okinoshima, Shimane
$12,657For sale
¥2,000,000 · Built 1993 (33 yrs)

2DK Akiya in Okinoshima, Shimane

Building
63.26 m²
Land
80.86 m²
Size
19.1 坪
Layout
2DK
Access
最寄りバス停0.3km
Address
島根県隠岐郡隠岐の島町加茂

Description

町役場5.2km 診療所6.2km 保育所5km 小学校3.6km 中学校6km

View original listing on the akiya bank ↗

出典:全国版空き家・空き地バンク(アットホーム運営)

Location

Approximate location (street-level geocoded via 国土地理院). 島根県隠岐郡隠岐の島町加茂

Investment snapshot

An indicative long-term rental estimate — to compare listings, not an appraisal.

Est. monthly rent
¥40,000
≈ $253/mo
Est. annual rent
¥480,000
≈ $3,038/yr
Gross yield (post-reno)
6.8%
solid
⚠ At this price the property almost certainly needs major renovation before it can rent — the yield above already folds in an estimated renovation budget. The raw price-only yield would look far higher but isn't achievable until that work is done.

Basis: 63.26m² × ¥900/m²/mo × 0.7 age factor (Shimane) + ¥5M est. renovation. Gross yield = annual rent ÷ (price + est. renovation), before tax, vacancy, and management. Regional rent rates are conservative order-of-magnitude medians (public rent surveys), not a guarantee — rural demand can be thin. Always validate locally before relying on any figure.

Hazard & due diligence

Japan has real flood, landslide, and earthquake exposure that varies street by street. Check the official government hazard maps for this exact location before buying.

Sources: 重ねるハザードマップ (国土地理院) · J-SHIS (防災科研). Always confirm with the seller and municipality.